Glen Moreno | |
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Glen Moreno at Financial Times Summer Party 2011
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Born | 1943 California, United States |
Nationality | American |
Alma mater |
Stanford University Delhi University Harvard Law School |
Glen Moreno (born 1943) is an American businessman. Moreno has worked for several large companies in the United States and the United Kingdom and most recently worked as acting-chairman of UK Financial Investments Limited which manages the British government's bank shareholdings.
Glen Moreno was born in California in 1943. He graduated with a Bachelor of Arts degree from Stanford University in 1965 and was a Rotary Foundation Fellow at Delhi University in 1966. He achieved a Juris Doctorate from Harvard Law School in 1969.
Moreno worked for 18 years at Citigroup in Europe and Asia, running the investment banking and trading divisions and becoming a group executive. Moreno is a director of Fidelity International, chairing its audit committee, and was their chief executive from 1987 to 1991. He is said to be largely responsible for the rapid growth of Fidelity during that period.
In October 2005 Moreno was appointed as Lord Stevenson's replacement as chairman of Pearson PLC, after a 5-month search. The shortlist included Charles Gibson Smith, the chairman of the . Moreno's appointment came as something of a surprise to the business world as he was not widely known in the United Kingdom and he was described by The Guardian as an "unknown quantity". His salary at Pearson was £425,000 per year. Moreno is also a senior independent director of Man Group plc, having been a non-executive director there since 1994, and persuaded the group to co-sponsor the Man Booker Prize for literature. He is also a governor of the Ditchley Foundation and a director of the Royal Academy of Dramatic Art.